EBRD Jobs Seeks Principal Banker in Nairobi in November 28th

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EBRD Jobs and Principal Banker in Nairobi on November 28th

EBRD Jobs Seeks a Principal Banker in Nairobi before November 28th

Position Profile

The Principal Banker is competent to undertake all tasks related to, and understands all aspects of, project development and implementation, including project origination, structuring, execution, monitoring, and all other aspects of project management, for all types of investment instruments offered by the Bank.
The Principal Banker will focus on Sustainable Infrastructure projects, assisting in delivering the Bank’s mandate in the energy and infrastructure sectors in Kenya, and potentially in other EBRD Countries of Operation in sub-Saharan Africa.
The Principal Banker will act as a senior member of the Resident Office and, in the context of a project team, as a senior member or an operations leader.
The Principal Banker, in their role as an operations leader, is expected to take responsibility for the effective leadership of their project team (s), the supervision of junior banking staff, and to contribute to their coaching and provide mentoring assistance, as required.
The Principal Banker’s role also includes business and pipeline development, client management, and policy dialogue.

Historical Background

The EBRD is expanding the geographic scope of its operations to several sub-Saharan African countries and is in the process of opening a Resident Office (RO) in Nairobi and recruiting a team. The Project life-cycle involves several stages from origination to signing, followed by implementation and monitoring until full completion and repayment or exit. All the stages involve different tasks such as business marketing, project due diligence analysis, structuring and approval, negotiation and signing of project agreements, disbursement, and monitoring.

The role of the Principal Banker is to contribute, as a senior project team member, to the structuring, implementation, and monitoring of complex transactions, and to lead, as an operations leader, the development of debt and equity transactions, and the effective implementation and monitoring of an assigned number of portfolio projects, in line with the Bank’s operational objectives.

The Principal Banker supervises, both as a senior team member and as operations leader, more junior colleagues to ensure efficient processing of deal flow and portfolio monitoring. The Principal Banker can build and maintain relationships with internal and external stakeholders for business development, project execution, implementation and monitoring, policy dialogue, co-financing arrangements, and donor funding, as applicable.

A substantial degree of independence is given to the Principal Banker, who is expected to ensure effective project teamwork and progressively assume overall responsibility for increasingly complex transactions. The incumbent is expected to hold a significant role in the Bank.

Rights and Duties

Implementation Plan

Work as a senior project team member, including with more experienced operation leaders, on complex transactions, contributing to all aspects of project structuring and execution, including management of the project team and supporting the operation leader (when applicable) with management of the project team;

The leader’s roles:

Lead structuring, negotiation (including review of legal documentation), and the execution of transactions, working with clients, authorities, consultants, and internal units;
Manage the resources and the workload of the project teams under their supervision;
Oversee the project due diligence process, ensuring it meets the Bank’s standards;
Ensure quality and appropriateness of TC assistance components that support the investments or contribute to policy dialogue initiatives;
Ensure that all transactions within their responsibility are completed within the specified time frames to a high standard (including all internal memoranda and Board reports) and in accordance with the Bank’s policies, procedures, and objectives.

Monitoring, Evaluation, and Value Creation

As a senior project team member, perform all such tasks as may be assigned by the operation leader (if applicable) and provide constructive portfolio monitoring advice, guidance, and supervision to more junior members of the project team.

The Leader will do the following:

Take overall responsibility for the effective monitoring of all projects within their responsibility, including verifying the quality of regular monitoring reports; taking the lead in maintaining or supervising the management of client relationships; actively managing the resolution of any implementation/monitoring issues in cooperation with relevant Portfolio Managers; managing and supervising more junior bankers who assist in portfolio monitoring.
Supervise implementation and monitoring of, and reporting on, relevant TC assignments to ensure their compliance with donor reporting requirements, operational objectives, and that all reports are of a high quality;
Please take responsibility for ensuring timely notification of any critical portfolio issues to the relevant Portfolio Manager and/or Management, and for providing sufficient data and information to enable them to make informed decisions promptly.

Discussion Point

In cooperation with relevant units within the Bank (e.g., Policy Vice Presidency) and Banking sector teams (if applicable), contribute to policy dialogue, in a leading role (project level initiatives) or supporting function (national level initiatives);
Assist in providing necessary support, in the form of relevant information or documentation or meeting participation, towards efforts to procure grants and technical cooperation funds to complement investment projects or required as part of policy dialogue efforts.

Progress in the Industry

Assist and lead (when appropriate) with marketing and business development efforts in the relevant sector and countries to build reputable market contacts and develop broad deal flow, enabling cross-selling of the Bank’s competencies.
Assist and lead (when appropriate) with the critical screening of project proposal flow that is generated through business development efforts, liaising with other colleagues and teams within the Bank to identify sound and executable investments that meet the mandate of the Bank.

Personnel Management

Assist in recruiting, training, coaching and mentoring junior bankers, in coordination with the team Director and Associate Directors, Senior Bankers, involving them in all aspects of the project cycle (appraisal, execution, implementation, monitoring and business development), ensuring adequate quality of project work and appropriate work load distribution amongst the project team members; contribute to their professional and competency development.
Develop productive relationships within the organisation to work effectively in a country/sector matrix structure and a multicultural working environment.
Directly accountable for the engagement and effective overall management of the Team, including recruitment, compensation, performance management, coaching, and development. Where matrix reporting is in place, work jointly with the country counterpart to set objectives and complete performance appraisals for relevant staff.
Champion and role model the Bank’s Behavioural Competencies and Corporate Behaviours, ensuring adherence within the team(s) so that the highest standards of integrity and ethical conduct are exhibited at all times.

The responsibilities of the Principal Banker are designed to allow for the development of transaction expertise and expansion of responsibilities. The person in this position is responsible for ensuring the industry and the bank progress well.

The Needed Qualification and Experience

Bachelor’s degree. Master’s degree preferred or equivalent experience in the areas of expertise.
A professional qualification, such as ACA, CFA, ACCA, or CIMA, is desirable.
Strong quantitative/numerical skills are critical, with the ability to interpret financial information and to design and use financial models.
Credit analysis skills, with the ability to interpret accounts, understanding local and international accounting principles, and the practice of credit analysis.
Computer literacy, conversant with Microsoft Office and spreadsheet packages, including financial analysis and modelling modules.
Excellent understanding of relevant systems and processes.
Stakeholder management skills.
Coaching, mentoring & leadership skills.
Relationship management and negotiation skills.
Ability to work to deadlines and under time pressure.
Excellent written and oral communication skills in English.
Good command of the local language is an advantage.

Savvy and Industry Mastery

Significant relevant financial industry experience from a development finance institution, an investment or commercial Bank, private equity firm, asset management firm, or auditing/financial consulting firm operating to international standards.
Practical experience of participating in and leading complex transactions through the full project life cycle.
Significant financial industry experience covering the energy and/or infrastructure sectors, particularly in Kenya.
Strong experience in project finance and/or climate finance.
Relevant country experience is highly desirable, including an in-depth understanding of country/regional dynamics and trends.

The Reasons to Join EBRD

Our agile and innovative approach is what makes life at the EBRD a unique experience! You will be part of a pioneering and diverse international organisation, and use your talents to make a real difference to people’s lives and help shape the future of the regions we invest in.

The EBRD Work atmosphere provides:

Varied, stimulating, and engaging work that allows you to interact with a wide range of experts in the financial, political, public, and private sectors across the regions we invest in.
A working culture that embraces inclusion and celebrates diversity;
An environment that places sustainability, equality, and digital transformation at the heart of what we do.
Diversity is one of the Bank’s core values, which are at the heart of everything it does.
A diverse workforce with the right knowledge and skills enables connection with our clients, brings pioneering ideas, energy, and innovation.
The EBR D staff is characterised by its rich diversity of nationalities, cultures, and opinions, and we aim to sustain and build on this strength. As such, the EB RD seeks to ensure that everyone is treated with respect and given equal opportunities, and that it operates in an inclusive environment.
The EBRD encourages all qualified candidates who are nationals of EBR D member countries to apply, regardless of their racial, ethnic, religious, or cultural background, gender, sexual orientation, or disabilities. As an inclusive employer, we promote flexible working and expect our employees to spend 50% of their working time in the office.

EBRD Jobs Seeks a Principal Banker in Nairobi before November 28th

EBRD Jobs and Principal Banker in Nairobi on November 28th

Position Profile

Historical Background